Public Storage

Public Storage

PSAยทNYSE

$301.97

+0.95%
Real EstateREIT - Industrial

Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc. (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020. Our headquarters are located in Glendale, California.

At a Glance

Live Snapshot
Market Cap$53.01B
EPS9.0400
P/E Ratio33.40
Earnings Date07/29/2026
psa

Public Storage Street Expectations Map

PSA ยท NYSE

Wall Street analysts project that PSA stock may experience modest gains over the coming 12 months. The consensus 1-year price target stands at 311.18, with estimates ranging from a low of 285.00 to a high of 349.00.

Lowest Target
285.00
-5.62%
Consensus Target
311.18
3.05%
Highest Target
349.00
15.57%

The consensus 1-year price target stands at 311.18, with estimates ranging from a low of 285.00 to a high of 349.00.

Analyst Consensus Analysis

Upside Potential

+3.0%

Fair value territory. Stock trading near consensus target suggests limited near-term catalysts. Focus on fundamental developments.

Analyst Agreement

20.6% spread

Good consensus alignment. Moderate target spread reflects general agreement on value drivers with some variance in assumptions.

Risk-Reward Profile

2.77x

Favorable risk-reward. Potential upside significantly exceeds downside risk, offering asymmetric return profile attractive for risk-tolerant investors.

Analyst Conviction

Moderate

Neutral sentiment. Fair value pricing with moderate agreement suggests wait-and-see approach or catalyst-driven opportunity.

Market Sentiment Insight

Efficient pricing: Stock trading at fair value with strong consensus suggests market has priced in expectations. Look for fundamental inflection points or new catalysts to drive meaningful moves.

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Public Storage Forward Estimates of Revenue

PSA ยท NYSE
Latest Revenue
4.82B
FY 2025
Avg Estimate
5.02B
FY 2026
Estimate Range
4.95B - 5.13B
Analyst Spread

Forward Growth Analysis

Projected Growth+4.0%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Public Storage Forward Estimates of Net Income

PSA ยท NYSE
Latest Net Income
1.78B
FY 2025
Avg Estimate
1.83B
FY 2026
Estimate Range
1.81B - 1.84B
Analyst Spread

Forward Growth Analysis

Projected Growth+2.7%

Flat growth suggests market maturity or near-term challenges offsetting expansion efforts.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Public Storage Forward Estimates of EPS

PSA ยท NYSE
Latest EPS
9.04
FY 2025
Avg Estimate
$10.37
FY 2026
Estimate Range
$10.28 - $10.44
Analyst Spread

Forward Growth Analysis

Projected Growth+14.7%

Solid growth trajectory indicates healthy business performance and competitive positioning.

Analyst Coverage7 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread2%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

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Public Storage Forward Estimates of EBIT

PSA ยท NYSE
Latest EBIT
2.09B
FY 2025
Avg Estimate
3.13B
FY 2026
Estimate Range
3.09B - 3.20B
Analyst Spread

Forward Growth Analysis

Projected Growth+49.6%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Public Storage Forward Estimates of EBITDA

PSA ยท NYSE
Latest EBITDA
3.25B
FY 2025
Avg Estimate
3.99B
FY 2026
Estimate Range
3.93B - 4.08B
Analyst Spread

Forward Growth Analysis

Projected Growth+22.9%

Strong growth expectations signal robust business momentum and market opportunity expansion.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookStrong

Positive analyst consensus with strong growth expectations and forecast confidence.

Key Insight

Compelling growth story with analyst consensus: Strong projected growth combined with narrow estimate spread suggests high-conviction opportunity.

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Public Storage Forward Estimates of SG&A Expense

PSA ยท NYSE
Latest SG&A Expense
106.68M
FY 2025
Avg Estimate
102.30M
FY 2026
Estimate Range
100.86M - 104.55M
Analyst Spread

Forward Growth Analysis

Projected Growth-4.1%

Declining expectations indicate headwindsโ€”investigate whether temporary or structural issues.

Analyst Coverage9 Analysts

Moderate coverageโ€”sufficient for guidance but may lack depth of large-cap analysis.

Estimate Spread4%

Narrow estimate range signals strong analyst consensus and predictable business outlook.

OutlookPositive

Generally favorable outlook with reasonable growth prospects and analyst support.

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Public Storage Insider Positioning

PSA ยท NYSE

During the last 12 months, insiders have purchased $235.94M worth of PSA shares, with no selling activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

673.6K

235.74M

Sold

0

0.00

Net Activity

+235.7M

+$235.74M

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

700

198.97K

Sold

0

0.00

Net Activity

+199K

+$199K

Top Buyers

1
MS

Mitra Shankh

Director

561.3K sharesโ€ข1 transactions

$196.45M

2
HRLJ

Havner Ronald L Jr

Director

112.3K sharesโ€ข1 transactions

$39.29M

3
PLJ

Petherbridge Luke J

Director

700 sharesโ€ข1 transactions

$199K

Top Sellers

No selling activity

Insider Activity Analysis

Net Insider Sentiment

Bullish

Strong bullish signal with $235.94M net buying. Insiders are aggressively accumulating shares, suggesting significant confidence in future prospects.

Buy/Sell Ratio

โˆž:1

Perfect buy/sell ratio. Only buying activity with zero sellingโ€”the most bullish possible insider signal.

Insider Participation

High Buying

3 insider buyers vs. 0 sellers. Broad-based buying across management team suggests widespread confidence.

Insider Activity Insight

Compelling insider conviction: The combination of strong buy/sell ratio and multiple buyers suggests insiders see attractive risk/reward. Consider this alongside fundamental analysis for confirmation.